Ethereum has entered a pivotal stretch in both its technical development and its market performance. While developers prepare the network for a major capacity boost, traders are watching price charts for signs of a breakout — and both timelines are beginning to converge.
- Ethereum expanded its base-layer block capacity by 33% while preparing for the December Fusaka upgrade.
- Record Layer-2 activity above 31,000 TPS has increased demand for more settlement space on the mainnet.
- ETH trades near $3,029 with improving momentum on RSI and MACD as analysts watch for a potential next move upward.
The network’s block gas allowance — the mechanism that determines how much activity fits into each block — has been increased by 33% to 60 million, marking Ethereum’s most significant base-layer expansion since 2021.
The decision was implemented through validator coordination rather than a hard fork and arrives just ahead of December’s Fusaka upgrade, which is expected to deliver additional performance refinements.
Researchers point to client improvements such as EIP-7623 as safeguards that make the increase feasible without forcing node operators to run higher-end hardware.
L2 activity reaches unprecedented highs
The timing of the expansion aligns with a surge in rollup traffic. The collective throughput of Layer-2 networks recently peaked at over 31,000 TPS, highlighting just how much execution has shifted off-chain.
The highest performer was Lighter, a ZK rollup for perpetual trading, which exceeded 5,400 TPS, with Base and other rollups contributing steady output.
Developers say L2s continue to handle transaction volume, while Ethereum’s wider “base-layer pipe” now gives the network more comfort to settle proofs and state updates without congestion buildup.
Traders turn eyes to the chart — technical posture improves
Market reaction has been calm but constructive. Ethereum is trading around $3,029, and new on-chain and chart data show improving trends beneath the surface:
- The RSI on the 4-hour timeframe has climbed to the low 60s, reflecting rising bullish momentum without entering overheated territory.
- The MACD is in a positive cross, widening gradually — a structure traders typically associate with trend continuation rather than a relief bounce.
Well-known market analyst Michaël van de Poppe noted that price currently sits in what he describes as a “favorable demand zone” and suggested that ETH may be preparing for its next upward leg if support continues to hold.
What comes next
The coming weeks will be shaped by two parallel forces:
- The technical implementation of the Fusaka upgrade and follow-up tuning
- Price confirmation on whether bullish momentum persists or stalls
If Ethereum holds above its current support while network activity continues to increase, analysts expect market confidence to build around the scaling roadmap rather than ahead of it — a contrast to much of the speculative rallying seen in earlier cycles.
The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
AuthorRelated stories
Next article
Source: https://coindoo.com/ethereum-news-block-capacity-expanded-as-eth-shows-bullish-momentum/
